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Gold/Mining/Energy : Nora NXI on ME -- Ignore unavailable to you. Want to Upgrade?

To: gmweber who wrote (168)	3/26/1998 2:23:00 PM
From: John Stella	Read Replies (1) \| Respond to of 420

Hi gm, The final report is due by the end of the quarter, it will include recommendations on how and where to proceed for the bulk sampling. Based on that info. our geologist will then prepare and submit to the board of directors a plan of action, keep in mind we are looking at a major undertaking and it must be done in the right manner. The technology exists and a few companies are successfully "mining" deep-water marine diamonds. i.e.: DeBeers, Namco, ODM As for the annual meeting, it went very well, about 120 people, including 4 journalists. It was made very clear that Nora is not a promo play nor a pump and dump stock, those who are in for the mid to long haul will be rewarded many times over. Management's main focus will be on increasing shareholder value. Regards, John